Morgan Stanley Reiterates on Popular, Sustained Improvement Expected

In a report published Monday, Stifel analyst Ken Zerbe reiterated an Underweight rating on Popular, Inc. (NASDAQ: BPOP ). According to the report, “The Government Development Bank for Puerto Rico released its Economic Activity Index (EAI) for November, showing a decline of 5.7% Y/Y (versus 5.4% last month). Changes